Growth rates and optimal paths in stochastic models of expanding economies

2005 ◽  
pp. 576-584
Author(s):  
A. D. Slastinikov ◽  
E. L. Presman
Keyword(s):  
Growth Rates ◽  
Stochastic Models ◽  
Optimal Paths

RAPID GROWTH PATHS IN CONVEX-VALUED RANDOM DYNAMICAL SYSTEMS

2001 ◽  
Vol 01 (04) ◽  
pp. 493-509 ◽  
Author(s):  
IGOR V. EVSTIGNEEV ◽  
MICHAEL I. TAKSAR
Keyword(s):  
Economic Growth ◽  
Asymptotic Behavior ◽  
Dynamical Systems ◽  
Growth Rates ◽  
Stochastic Models ◽  
Rapid Growth ◽  
Random Dynamical Systems ◽  
Random Vectors ◽  
Time Period

This paper examines set-valued random dynamical systems defined by convex homogeneous stochastic operators. The operators under consideration transform elements of a cone contained in a space of random vectors into subsets of the cone. We study rapid paths of such dynamical systems, i.e. those paths which maximize (appropriately defined) growth rates at every time period. Questions of existence, uniqueness and asymptotic behavior of infinite rapid trajectories are considered. The study is motivated by problems related to stochastic models of economic growth.

Stochastic models for learning.

1955 ◽  
Vol 39 (6) ◽  
pp. 464-464
Author(s):  
John E. Anderson
Keyword(s):  
Stochastic Models

Reduced growth rates of hair in mice following radiation

1966 ◽  
Vol 94 (4) ◽  
pp. 491-498 ◽  
Author(s):  
F. D. Malkinson
Keyword(s):  
Growth Rates

Institutional Theory of Endless Redistribution

2005 ◽  
pp. 4-18 ◽  
Author(s):  
K. Sonin
Keyword(s):  
Property Rights ◽  
Institutional Theory ◽  
Growth Rates ◽  
Rent Seeking ◽  
Economic Institutions ◽  
Wide Spread ◽  
Grass Roots ◽  
Protection Systems ◽  
Private Protection ◽  
The Rich

In unequal societies, the rich may benefit from shaping economic institutions in their favor. This paper analyzes the dynamics of institutional subversion by focusing on public protection of property rights. If this institution functions imperfectly, agents have incentives to invest in private protection of property rights. The ability to maintain private protection systems makes the rich natural opponents of public protection of property rights and precludes grass-roots demand to drive the development of the market-friendly institution. The economy becomes stuck in a bad equilibrium with low growth rates, high inequality of income, and wide-spread rent-seeking. The Russian oligarchs of the 1990s, who controlled large stakes of newly privatized property, provide motivation for this paper.

Waiting for a New Model of Growth: Russia’s Social and Economic Development in 2013

2014 ◽  
pp. 4-32 ◽  
Author(s):  
V. Mau
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Economic Performance ◽  
Growth Rates ◽  
Global Crisis ◽  
New Model ◽  
Social And Economic Development ◽  
Economic Risks

The paper deals with Russian social and economic development in 2013 and prospects for the next year or two. The author discusses the logic and trends of the global crisis started in 2008. This is the basis for further analysis of current Russian economic performance with special emphasis on the problem of growth rates deceleration. Special attention is paid to economic risks and priorities of economic policy.

Impacts of Paris Agreement on Russian economy

2018 ◽  
pp. 76-94 ◽  
Author(s):  
I. A. Makarov ◽  
C. Henry ◽  
V. P. Sergey
Keyword(s):  
Climate Change ◽  
Economic Policy ◽  
Growth Rates ◽  
Paris Agreement ◽  
Gdp Growth ◽  
Russian Economy ◽  
Climate Policies

The paper applies multiregional CGE Economic Policy Projection and Analysis (EPPA) model to analyze major risks the Paris Agreement on climate change adopted in 2015 brings to Russia. The authors come to the conclusion that if parties of the Agreement meet their targets that were set for 2030 it may lead to the decrease of average annual GDP growth rates by 0.2-0.3 p. p. Stricter climate policies beyond this year would bring GDP growth rates reduction in2035-2050 by additional 0.5 p. p. If Russia doesn’t ratify Paris Agreement, these losses may increase. In order to mitigate these risks, diversification of Russian economy is required.

The Reproduction Vector of the Russian Economy: 1999-2007

2008 ◽  
pp. 94-109 ◽  
Author(s):  
D. Sorokin
Keyword(s):  
Economic Policy ◽  
Human Capital ◽  
Growth Rates ◽  
Developed Countries ◽  
Gdp Per Capita ◽  
Real Sector ◽  
Russian Economy ◽  
Per Capita ◽  
The Developed Countries

The problem of the Russian economy’s growth rates is considered in the article in the context of Russia’s backwardness regarding GDP per capita in comparison with the developed countries. The author stresses the urgency of modernization of the real sector of the economy and the recovery of the country’s human capital. For reaching these goals short- or mid-term programs are not sufficient. Economic policy needs a long-term (15-20 years) strategy, otherwise Russia will be condemned to economic inertia and multiplying structural disproportions.

A view at the Russian economic transformation

2018 ◽  
pp. 142-158 ◽  
Author(s):  
E. F. Baranov ◽  
V. A. Bessonov
Keyword(s):  
Market Economy ◽  
Growth Rates ◽  
Transition Process ◽  
Well Being ◽  
Economic Transformation ◽  
High Rate ◽  
Russian Economy ◽  
Stage Of Development ◽  
Qualitative Level ◽  
Rate Of Recovery

The transition of the Russian economy from plan to market is considered at a qualitative level. The analysis of economic dynamics in the transformation paradigm is conducted. The main stages of the transition process are discussed. Bonuses and costs due to the transition to market economy are considered. The reasons for the outstripping growth of well-being as compared to the growth of output are discussed. The signs of exhaustion of the potential of factors ensuring an abnormally high rate of recovery and accompanying welfare growth are discussed. The conclusion is made that the transformational recovery has been completed. The Russian economy has moved to the stage of development with relatively low growth rates of output and welfare, typical for stable (nontransition) economies.

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